. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie …

. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms …

. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms …

job loss and (2) job-to-unemployment transitions. We therefore apply both a “subjective” and a more “objective” measure of … industries. Employees in trading service sectors face both a higher subjective and objective unemployment risk, regardless of … individual unemployment risk …

lack of compensating differentials for unemployment risk can arise in equilibrium when all workers are identical and firms … differ only in job security (i.e. the probability that the worker is not sent into unemployment). In a setting where workers … risky tail of the distribution of firm-level unemployment risk. Meanwhile, unemployment becomes persistent for low-wage and …

endogenous firing as well as a short-time work decision. In recessions, short-time work reduces the unemployment risk of workers … replacement rate can be more effective compared to an increase of the unemployment benefit replacement rate. …

lack of compensating differentials for unemployment risk can arise in equilibrium when all workers are identical and firms … differ only in job security (i.e. the probability that the worker is not sent into unemployment). In a setting where workers … tail of the distribution of firm-level unemployment risk. Unemployment becomes persistent for low-wage and unemployed …